END OF FINANCIAL YEAR
With the end of the financial year fast approaching… now is the time to
schedule an appointment with your tax agent, accountant, or financial
advisor to discuss your finances and investment goals, so that you have
ample time to act.
Do you need to pre-pay mortgage payments or loan interest, rates, utilities,
or other expenses, before 30 June to minimise your taxable income?
Do you need to organise renovations, maintenance, or upgrades to your
investment property to enable you to make a claim in this financial year –
if required?
Many property investors leave this important review and audit process until
it is too late.
And finally, make an important task reminder to ensure that all your
paperwork, documents, and invoices are in order so that you are aware of
the total income and expenses relating to your investment property.